The TJX Companies Cash Flow Statement

Financials in millions USD. Fiscal year is March - February.

Millions USD. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Nov '25 Nov 1, 2025	Feb '25 Feb 1, 2025	Feb '24 Feb 3, 2024	Jan '23 Jan 28, 2023	Jan '22 Jan 29, 2022	Jan '21 Jan 30, 2021	2016 - 2020
Net Income	5,119	4,864	4,474	3,498	3,283	90	Upgrade
Depreciation & Amortization	1,229	1,104	964	887	868	871	Upgrade
Loss (Gain) From Sale of Assets	24	10	61	23	9	84	Upgrade
Loss (Gain) From Sale of Investments	-	-	-	218	-	-	Upgrade
Stock-Based Compensation	183	183	160	122	189	59	Upgrade
Other Operating Activities	-58	-72	-49	157	180	37	Upgrade
Change in Accounts Receivable	-51	-26	37	-51	-61	-71	Upgrade
Change in Inventory	-975	-539	-145	58	-1,658	589	Upgrade
Change in Accounts Payable	330	448	64	-600	-338	2,111	Upgrade
Change in Income Taxes	247	-41	106	-131	22	64	Upgrade
Change in Other Net Operating Assets	373	185	385	-97	563	728	Upgrade
Operating Cash Flow	6,421	6,116	6,057	4,084	3,057	4,562	Upgrade
Operating Cash Flow Growth	3.36%	0.97%	48.31%	33.60%	-32.99%	12.18%	Upgrade
Capital Expenditures	-2,003	-1,918	-1,722	-1,457	-1,045	-568	Upgrade
Investment in Securities	-377	-559	5	-13	-1	-11	Upgrade
Investing Cash Flow	-2,380	-2,477	-1,717	-1,470	-1,046	-579	Upgrade
Long-Term Debt Issued	-	-	-	-	-	5,987	Upgrade
Long-Term Debt Repaid	-	-	-500	-	-2,976	-2,418	Upgrade
Net Debt Issued (Repaid)	-	-	-500	-	-2,976	3,569	Upgrade
Issuance of Common Stock	308	366	285	321	229	211	Upgrade
Repurchase of Common Stock	-2,590	-2,513	-2,484	-2,255	-2,176	-202	Upgrade
Common Dividends Paid	-1,793	-1,648	-1,484	-1,339	-1,252	-278	Upgrade
Other Financing Activities	-65	-43	-32	-33	-25	-72	Upgrade
Financing Cash Flow	-4,140	-3,838	-4,215	-3,306	-6,200	3,228	Upgrade
Foreign Exchange Rate Adjustments	21	-66	-2	-58	-54	42	Upgrade
Net Cash Flow	-78	-265	123	-750	-4,243	7,253	Upgrade
Free Cash Flow	4,418	4,198	4,335	2,627	2,012	3,994	Upgrade
Free Cash Flow Growth	1.19%	-3.16%	65.02%	30.57%	-49.62%	40.46%	Upgrade
Free Cash Flow Margin	7.49%	7.45%	8.00%	5.26%	4.14%	12.43%	Upgrade
Free Cash Flow Per Share	3.91	3.68	3.74	2.23	1.66	3.29	Upgrade
Cash Interest Paid	74	74	80	86	139	153	Upgrade
Cash Income Tax Paid	1,632	1,632	1,432	1,225	1,119	146	Upgrade
Levered Free Cash Flow	3,411	3,209	3,527	1,894	1,662	3,646	Upgrade
Unlevered Free Cash Flow	3,456	3,257	3,576	1,947	1,736	3,767	Upgrade
Change in Working Capital	-76	27	447	-821	-1,472	3,421	Upgrade

Updated Nov 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.